Canada

Tahoe’s operations in Guatemala not affected by President’s resignation

Cecilia Jamasmie | September 3, 2015
Tahoe’s operations in Guatemala not affected by President’s resignation

The Canadian firm said its Escobal mine remains unaffected by the ongoing political turmoil in the country, which has forced President Otto Perez to resign amid a corruption scandal that gutted his government.

Canadian Oil Sands project to operate at ‘minimal’ rates until end of the month

Cecilia Jamasmie | September 3, 2015
Canadian Oil Sands project to operate at ‘minimal’ rates until end of the month

The largest synthetic crude oil processing facility in Canada is slowly recovering from a fire that damaged equipment and communication lines over the weekend.

Three-way Canada gold junior merger falls short

Frik Els | September 1, 2015
Three-way Canada gold junior merger falls short

Vancouver mineral bank's combination with two gold and rare earth explorers sinks its share price.

Skeena Resources seeks three-peat in Golden Triangle

Michael Allan McCrae | September 1, 2015
skeena resources spectrum property three peat

Neighbours include Imperial Mines and Pretium Resources.

Keith Schaefer picks the companies you will want to own if the conservatives win in Canada

The Energy Report | September 1, 2015

Keith Schaefer outlines the sectors that will profit first from a reversal in oil and gas prices, and what he is doing to position his readers for success.

China’s Zijin hands $298 million to partner Barrick Gold

Cecilia Jamasmie | August 31, 2015
China’s Zijin hands $298 million to partner Barrick Gold

The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.

Fire damages Canadian Syncrude equipment, forces firm to halt production

Cecilia Jamasmie | August 31, 2015
Fire damages Canadian Syncrude equipment, forces firm to halt production

The incident adds to the firm's mounting challenges, including swinging to a loss, growing debt, unplanned equipment outages and Moody’s Investors Service recent cut of the company's credit rating.

First Quantum begins production at $2.1bn Sentinel copper mine in Zambia

Cecilia Jamasmie | August 28, 2015
First Quantum begins production at $2.1bn Sentinel copper mine in Zambia

The Vancouver-based miner aims to produce 280,000 to 300,000 tonnes of the red metal a year, but commercial levels won't be reached until state power utility Zesco finish connecting the mine to the power grid.

Canadian diamond cutter to work on Esperanza gemstone

The Star Phoenix | August 27, 2015

A Saskatchewan craftsman is preparing to cut "Esperanza," one of the finest diamonds ever unearthed in Arkansas.

Goldcorp, Teck combine projects, create new $3.5 billion mine in Chile

Cecilia Jamasmie | August 27, 2015
Goldcorp, Teck combine projects, create new $3.5 billion mine in Chile

The miners expect significant savings and environmental advantages by combining the two neighbouring projects, which are only 40 kilometres apart.

Greek court hands legal win to Eldorado Gold over halted mine

Cecilia Jamasmie | August 27, 2015
Greek court hands legal win to Eldorado Gold over halted mine

The verdict, however, doesn't allow the company to resume operations at its gold-copper Skouries mine.

Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Cecilia Jamasmie | August 25, 2015
Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

Vancouver's NexGen Energy begins trading on OTCQX market

OTC Markets Group Inc. | August 25, 2015

OTC Markets Group Inc. today announced NexGen Energy Ltd. a uranium exploration and development company, has qualified to trade on the OTCQX® Best Market.

Canadian mining stocks outperform metals prices

Frik Els | August 24, 2015
Canadian mining stocks outperform metals prices

Canadian junior and mid-tier mining companies also raised 62% more capital in the second quarter than in 2014.

Greek protesters arrested in clash over Eldorado suspension of 2,000 workers

Cecilia Jamasmie | August 24, 2015
Greek protesters arrested in clash over Eldorado suspension of 2,000 workers

More demonstrations are expected Monday, as mine workers rally near the Canadian company's mines.

China fresh sell-off sends commodities, markets to the pits

Cecilia Jamasmie | August 24, 2015
China fresh sell-off sends commodities, markets to the pits

The US has suspended the futures market on the Nasdaq index, as panicking traders have driven it down 5% — the maximum allowed under Wall Street rules.

Almost all big North American potash projects are in Saskatchewan: report

CBC News | August 21, 2015

If there's any doubt Saskatchewan dominates potash production in North America, a new report notes than nine out of 10 of the continent's biggest potash projects are in the Canadian province.

Canadian oil sands producer ready to begin digging pits in the US

Cecilia Jamasmie | August 21, 2015
Canada-owned oil sands producer ready to begin digging pits in the US

Beginning this fall, the company will start digging the first in a series of pits, each the size of a football stadium, in Utah, about 265km (165 miles) from Salt Lake City.

Small, ancient diamonds reveal seawater key for precious gems formation

Cecilia Jamasmie | August 21, 2015
Small, ancient diamonds reveal seawater key for precious gems formation

Scientists from Canada, the U.S. and the U.K believe ancient sea water helped to the formation of diamonds hundreds of kilometres underground.

Most Canada oil sands crude being produced at a loss — report

Reuters | August 20, 2015

More than three-quarters of Canada's daily output of 2.2 million barrels of crude from oil sands is being produced at a loss at current prices, research from analysts at TD Securities shows, although producers are unlikely to halt operations.

Metso to shut mining equipment plant in Pennsylvania next year

Cecilia Jamasmie | August 20, 2015
Metso to shut mining equipment plant in Pennsylvania next year

The closure, part of a major business restructuring, will affect about 80 people currently employed at the plant.

New study says Energy East Pipeline would hurt whales

Cecilia Jamasmie | August 20, 2015
New study says Energy East Pipeline would hurt whales

Report claims that noise from tanker traffic causes heightened levels of stress for the North Atlantic right whale, hindering the mammal’s ability to communicate.

Eldorado Gold to take legal action against Greece over mine halt

Cecilia Jamasmie | August 20, 2015
Eldorado Gold to take legal action against Greece over mine halt

The company warned it would take authorities to court after Greece’s energy ministry halted production at the company’s Skouries gold and copper mine.

Greece halts operations at Canada’s Eldorado Gold mine

Cecilia Jamasmie | August 19, 2015
Greek court hands legal win to Eldorado Gold over halted mine

The government is suspending activity at Eldorado's Skouries mine, saying the company has violated some terms.

Canadian miner profit hit by Codelco’s striking contractors, snow storm

Cecilia Jamasmie | August 19, 2015
Canadian miner profit hit by Codelco’s striking contractors, snow storm

Cerro Grande said the events had adversely impacted operations at its Pimenton mine in Chile, and will have a negative impact on its fourth fiscal quarter, ending Sept. 30, 2015.

Lucara’s on a roll: three new diamonds recovered at Botswana mine

Cecilia Jamasmie | August 18, 2015
Lucara’s on a roll: three new unique diamonds recovered at Botswana mine

Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.

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